In some impressive news, Redback Technologies have today announced their AU$ 9.3m Series A investment from EnergyAustralia. Congratulations to Phil Livingston, Paul Liddell and all of the Redback team!
After arriving at ilab in April 2015 with two founders, some important foundation technology and some initial seed capital, Redback have quickly expanded their offerings, brought product to market and established significant industry and distribution partnerships.
One of those partnerships, as blogged previously, is UQ, through UniQuest and ilab. UQ has been important partner in the journey to date, and Redback and UQ will continue to develop a multi-layered partnership.
It has been inspiring to watch this exciting startup company grow and to have played a part in their journey so far. It will be even more exciting to support their next level of growth enabled by this strategic investment.
For more background, check out the following media:
- Reback’s Press Release
- Energy Australia joins energy disrupters with stake in Redback – Matt Chambers, The Australian
- Brisbane’s Redback Technologies raises $9.3 million from strategic investor Energy Australia – Gina Baldassarre, StartUp Daily
- Brisbane startup Redback Technologies secures $9.3 million strategic investment from EnergyAustralia – StartupSmart
- ZDNet EnergyAustralia Invests AUD9.3m in Brisbane Solar Energy Startup Redback Technologies – ZDNet
- New York-born grad student hits jackpot with Australian solar deal – Brian Robins, The Sydney Morning Herald
- Redback receives $9.3 million in seed funding from EnergyAustralia for solar inverter – Glen Norris, The Courier-Mail
- EnergyAustralia backs Redback with $9.3m in development funding – staff writer, EcoGeneration
- EnergyAustralia invests A$9.3 million in Redback Technologies – Ray Shaw, ITWire
A summary of Phil Livingston’s keynote address at a recent All Energy conference is covered by Fifth Estate – All-Energy Conference: Industry and academia team up on clean tech solutions